SC permits NTPC’s appeal against Italian Company

This month govt. might be seemed to put major attention on business sector and does not allow any illegal threat over it.

Yesterday, the Supreme Court disqualified and officially declared invalid the decision took by Delhi High Court over permitting Italian Company to bid for power equipment.

While NTPC had invited bids for supply and installation of Steam Generator package, the super-critical power equipment, for run coal-based thermal power projects across the country.

While Italian boiler manufacturer Ansaldo Caldaie Boilers (ACB) applied for bid, NTPC, following international competitive bidding procedures had dismissed the bid of ACB, on January 5, 2011, due to lacking of minimum qualifying requirements that set out in the bid documents. Read More

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